NAI Hiffman represents Joint Commission Resources in lease renewal

OAK BROOK - NAI Hiffman has completed an early lease renewal for Joint Commission Resources for 29,704 square feet at 1415 W 22nd St. in Oak Brook's Regency Towers.

JCR, a global consulting agency for hospitals, enlisted NAI Hiffman Senior Vice President Perry Higa and Executive Vice President Steve Connolly to assist in finding the ideal office space. Higa and Connolly presented all Class A office options within JCR's criteria to maintain or elevate its office environment, obtain covered parking and other building amenities, and change management for its employees within the East-West Corridor.

After 18 months of evaluating Class A office buildings, Regency Towers retained JCR as an anchor tenant. Higa and Connolly were able to negotiate very favorable business terms reflecting flexibility and concessions that will allow JCR to renovate its existing office space with a focus on collaboration and an enjoyable work environment, as well as securing additional reserved, covered parking for its employees.

"As one of the largest tenants of Regency Towers, JCR was able to lock in favorable business terms. It was a win-win situation for both JCR and owner American Realty Advisers," Higa said.

American Realty Advisors was represented by NAI Hiffman Executive Vice Presidents Patrick Kiefer and Jim Adler in the transaction.